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Crypto exchange OKX raises funds at $25B valuation to prepare tokenized stock trading with NYSE owner ICE.

Market News
06 Oct 2026
Unchained
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Bullish
Crypto exchange OKX raises funds at $25B valuation to prepare tokenized stock trading with NYSE owner ICE.

Crypto exchange OKX secured new investments from Circle, Ripple, Standard Chartered’s SC Ventures, and hedge fund QRT at a $25 billion valuation. This funding round adds to an earlier investment by NYSE parent ICE, which also holds a board seat at OKX. The capital supports OKX's upcoming launch of tokenized U.S. stock trading through its joint venture with ICE, called OKXICE, which plans to offer tokenized shares of companies like Tesla and Microsoft under a SEC innovation exemption. The tokens will trade 24/7 against stablecoins including Circle’s USDC, marking a significant step in digital asset market infrastructure and trading innovation.

The crypto exchange OKX and its recent $25 billion valuation provide context for cryptocurrency market activity. For readers following crypto assets, here is Pluang's market snapshot as of Oct 06, 2026 19:52 WIB: of 50 major cryptocurrencies priced on Pluang, 18 rose and 29 fell today. Notable movers include CRV at Rp6.584 with a 1-day change of -3.36% and a Pluang order activity of 87% Sell / 13% Buy, AAVE at Rp3.314.001 with +2.66% and 46% Sell / 54% Buy, and COMP at Rp439.483 with -2.47% and 20% Sell / 80% Buy.

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